Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-06-29
WASHINGTON.
How the Department Clerks Spend
the Greater Part Of Their Sal
arias in the Pool Rooms.
4 Kind Provision Made for President
Cleveland Before He is Out OF
0flice-ais Money Matters.
4 Now Bank Organic sd at san Antonio.
NBjDr RUnkIe Restored to the Army.
Fidelity Bank Receiver.
GAMBLING IN TREDEPARrNENTs

-N-~A-as A----'E> AACN'S'hc CO
GAMBLING IN TEE DEPARTMENTS.
Special to tie Gazette.
WASHINGTON, June 2S.-Although there
are no races N progress in Washington
ct this season Of the yesr, the sports at
the Capital have every opportunity to
risk their money on their favorite flyers,
and there are thousands of dollars put up
on Sleeps Head Bay, Lexington and
other meetings every day in the week.
Washington has G number of very success
full pool rooms where the Department
clerk, the official ard the strey member
OF Congress can invest on his iUdg-
ment in sums from 81 to $1,000
or more. One Of these places is
located within two blocks Of
the Treasury Department, and every Gay
ct neon crowd of clerks will spend
greater portion of their lunch hour watch
ing the black boards on which the odds
are announced. Since these rooms be-
came fixtures in life at Washington, the
bucket shops have reported large fall
ing off in business The uncertainty Of
the wheat market ana the dulInesS in the
oil exchange, have frightened the depCs-
itOrs Of margins into some new scheme
for attempting to increase their holdings
on the loo per cent. plan. l. is lament
able fact that when t mania for the
gambling table takes hold of the Depart
ment clerk, snOthing short CT 100
per cent. profit will satisfy him,
couseo uently the pool rooms and the lot
terry shops are enabled to draw from the
government employees hundreds of
thousands Of dollars in the course of g
year. Several attempts have been made
20 check this gambling mania, but with
cut success. List year bill to prohibit
pool selling passed one house of Con
gress but died in the other, and so long
IS men are determined TO back their
iuGgr NJ Of horsefesL with their money,
the bookmGkers viii continue 10 reap i
rich harvest among the clerks of the na-
tionEl capital.
CLEVELAND AN INDEPENDENT MAN.
Special to the Gazette.
WASHINGTON, June 2S.-Iu view Of the
fact that more than haf the term Of
President Cleveland has expired, good
deal OF interest is shown in the probable
future Of the first Democratic President
since the war. II has been stated that
Mr.. Cleveland does not expend more than
half his salary, II indeed his expenses ex-
coed 40 per cent. Of his income. He will
doubtless have at least $780,
600 OF his compensation as Presi-
Dent rem aiming when lie leaves
The White E0gse-if he does leave it-1n
the 4tb Of April, 1889, A friend of his,
who is in position To spsGE with force
on this subj .Cl, saws thst wEep be was
lDsuguraleu the President had $4,000
in hard cash. This money was made
principally out OF his fees while sheriff
of Erie county. His four political cam
paigns in which he Was elected success
fully to the shrievalty Of Ere county, to
tee position OF mayor Of Buffalo, Gov
ernor of New York aud President of the
United States cost him III al in round
figures $40, 900. 1t cost q great deal
more than this to elect him to
these various Offices, OF course,
but $4,000 covers the
amount which Cleveland himself paid out !
With the SG5, 600 therefore, which he had
. hon he entered the White House, the |
$4,000 which he will save and the |
tJftune Of his wife, President Cleveland !
will have IN the neigh0OrhOod OF $500, |
600 as fortune upon which to begin life /
rev when ne leaves the White House, |
invested this would yield him |.
zr income sufficient &c take cere of him |
very comfortably the rest of his days |
''Ip what is this MONEY invested Pr in |
3uired your correspondent. 81 doi' Z |
link the President has any investments
other than bank deposits. BE was never OF |
TIE speculative turn of mind and neve
engaged in g speculative enterprise.
-hInE the greater portion OF his money at /
east is deposited in banks in Albany and |
Buffalo, with perhaps some IN New Y :rk,
aud l do not believe that Cleveland IS
likely to invest 1t any where in the hope
Of securing big dividends, unless he Is
absolutely satisfied that his investment !
will tie safe. When he dies his
Tife will have perhaps $50, 600 from
ife insurance policies To add to
lis savings. He has no very heavy
insurance on mis- life for the reason that
within the past two or three years the
principal companies have instructed their
agents thst they do not care for risks on
he life of the President because of his
node Of living and his disposition to apo
)lexy. he Will probably devote his tine
10 ease end comfort. 1t is likely that his
lame will be in demand for the presiden.
y of one or more corporations, and from
his source he Will be able to derive 3
very respectable income.
81 Go rot think" continued this gen.
leman. "that the President will return
% the practice Of law. While he has
,eeu an exceedingly close student since
lie was elected President, his past life
hoWs that he was not fond of musty law
looks, and that, although he was well
,osted generally when ne WIS engaged in
egsl proceedings before the courts, ne
lways crsmmed for the occasion aud
eldor, started without close study and
arelul attention to the books for weeks
ef. re argument II the case in
which ne WAS interested began. While
e has shown that he can on occasion de-
ote himself sssidiously 70 the Law books
e does not like TO pore Into kno.ty
uestions and it is safe to say that he will
OF DC SO when he retires from public
fe If nc car possibly avoid if. Although
: is safe 20 predict that il Grover Cleve-
md ENDS his public career with the
lose Of bis presidential term he will take
s much ease during the balance of his
fe as he can, and the money which he
7ill have at his disposal will enable him